Sam Bankman-Fried's Political Outreach and the Fate of DCCPA; Concerns Over Privacy Coins in the EU

This episode is sponsored by minima.global, Circle and Pastel Network.

The swift and surprising collapse of FTX last week continues to send shockwaves across the crypto industry and beyond – and Capitol Hill is not immune. "The Hash" team discusses what could happen to the bipartisan Digital Commodities Consumer Protection Act (DCCPA), a bill Bankman-Fried supported. Plus, the European Union could ban banks and crypto providers from dealing in privacy-enhancing coins per a leaked draft of a money laundering bill obtained by CoinDesk.

See also:

The ‘SBF Bill’: What’s in the Crypto Legislation Backed by FTX's Founder

FTX Accounts Drainer Swaps Millions in Stolen Crypto, Becomes 35th-Largest Ether Holder

Privacy-Enhancing Crypto Coins Could Be Banned Under Leaked EU Plans

NFT-Linked Sandals Worn by Steve Jobs Sell for $218,000

This episode has been edited by Nia Freeman. Our executive producer is Jared Schwartz. Our theme song is “Neon Beach.”

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Circle, the sole issuer of the trusted and reliable stablecoin USDC, is our sponsor for today’s show. USDC is a fast, cost-effective solution for global payments at internet speeds. Learn how businesses are taking advantage of these opportunities at Circle’s USDC Hub for Businesses.

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